Japan, Russia eye economic accord amid stalemate on territory

Japan, Russia eye economic accord amid stalemate on territory

Russia and Japan aren’t seemingly to resolve a long-running territorial dispute, however they hope to Associate in Nursingnounce an economic cooperation agreement once their leaders end talks in capital of Japan on Friday.

The two countries are negotiating the agreement since Japanese Prime Minister Shinzo Abe planned it as a part of a “comprehensive approach” to up bilateral ties at a gathering with Russian President statesman in Sochi, Russia in might.

The two leaders square measure wrapping up a two-day summit that began on Th evening at a hot springs resort in western Japan. For Mr. Putin, the summit marks his 1st official visit to a G—7 country since Russia annexed Crimea in 2014. Mr. Abe invited adult male. Vladimir Vladimirovich Putin despite the fact that the G—7 nations, as well as Japan, still have sanctions on Russia.


Russia needs to draw in Japanese investment, significantly to its Far East. Japan hopes that stronger ties through joint economic comes can facilitate resolve the thorny territorial issue over time.

Mr. Vladimir Vladimirovich Putin arrived regarding forty five minutes overdue in capital of Japan, as a result of a mechanical drawback together with his presidential craft. He used a backup plane, in step with Japanese media. once a second spherical of talks, he and Mr. Abe are expected to administer speeches to a Japanese business cluster and visit a martial art center in capital of Japan. Mr. Vladimir Vladimirovich Putin is well-known for active martial art.

Mr. Abe and Mr. Vladimir Vladimirovich Putin spent abundant of their time on Th discussing little steps to maneuver forward on the territorial dispute that has prevented their countries from language a peace to finish war II.

Mr. Abe same they mentioned potential joint economic comes on the controversial islands. A projected point- Japan says they must be operated underneath a special status that doesn't raise sovereignty problems. Russia, that governs the islands, needs them to be run underneath its law.

The territorial dispute centers on four southern Kuril islands, that Japan calls the Northern Territories. Japan says the Union of Soviet Socialist Republics took the islands illicitly within the closing days of war II, bodily process seventeen,000 Japanese to close Yezo, the northmost of Japan’s four main islands.

Mr. Vladimir Vladimirovich Putin expressed concern regarding the readying of U.S. missile defense systems in Japan, occupation them Associate in Nursing response to North Korea’s missile program, Japanese media reportable.

Mr. Abe assured him that they're restricted to protection and don't cause a threat to neighboring countries, whereas stressing the importance of discussing defense problems amid growing security considerations within the region, they said.

To that finish, the 2 leaders in agreement to resume “2+2” talks among the countries’ foreign and defense ministers, Russian government minister Sergey Lavrov same. Mr. Lavrov, United Nations agency is incidental to adult male. Putin, attended the primary and last “2+2” meeting 3 years past.